Talk of The Villages Florida - View Single Post - Do financial advisors act in their clients' best interests?
Thread: Do financial advisors act in their clients' best interests?
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Old 10-10-2024, 09:05 PM
Pairadocs Pairadocs is offline
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Originally Posted by La lamy View Post
Yup!!! Learned that the VERY HARD way. Lost 1/3 of my savings by adviser putting me in ".com" stocks that went bust in 2000 and lost out on an even more stupid "insurance policy" from their bank that was a total money pit. Live and learn. I'm now educated about investing, and do it all myself.
It's really sad more people don't educate themselves as you have. Amazing how the old "annuity" thing still works, some do seem satisfied, but I often wonder if they REALLY understand what they could have had if only they'd taken a small interest in their own MONEY ! ?